IDFC First Bank Raises ₹75 Billion Fund to Fuel Growth

Unknown Apr 02, 2026 950 Views

IDFC First Bank Ltd. has managed to secure shareholders' vote in favor of a ₹75 billion fund raise, which is a key milestone in its growth plan. The bank is raising funds by issuing compulsorily convertible preference shares (CCPS) on a preferential basis, securing investments from Warburg Pi...